SCHAX vs. PUDZX

Last updated Apr 1, 2026

Compare and contrast key facts about Franklin Multi-Asset Growth Fund (SCHAX) and PGIM Real Assets Fund (PUDZX).

SCHAX is managed by Franklin Templeton. It was launched on Feb 4, 1996. PUDZX is managed by PGIM. It was launched on Dec 29, 2010.

Performance

SCHAX vs. PUDZX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin Multi-Asset Growth Fund (SCHAX) and PGIM Real Assets Fund (PUDZX). The values are adjusted to include any dividend payments, if applicable.

SCHAX vs. PUDZX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SCHAX Franklin Multi-Asset Growth Fund	-5.88%	16.36%	16.62%	17.14%	-14.05%	17.06%	8.64%	21.47%	-9.13%	15.25%
PUDZX PGIM Real Assets Fund	9.23%	13.40%	8.61%	3.26%	-2.76%	18.49%	4.84%	16.29%	-9.20%	6.22%

Returns By Period

In the year-to-date period, SCHAX achieves a -5.88% return, which is significantly lower than PUDZX's 9.23% return. Over the past 10 years, SCHAX has outperformed PUDZX with an annualized return of 8.42%, while PUDZX has yielded a comparatively lower 6.92% annualized return.

SCHAX

• 1D: -0.29%
• 1M: -8.01%
• YTD: -5.88%
• 6M: -3.58%
• 1Y: 12.34%
• 3Y*: 12.45%
• 5Y*: 7.03%
• 10Y*: 8.42%

PUDZX

• 1D: 0.29%
• 1M: -1.98%
• YTD: 9.23%
• 6M: 11.45%
• 1Y: 18.68%
• 3Y*: 11.54%
• 5Y*: 9.22%
• 10Y*: 6.92%

*Multi-year figures are annualized to reflect compound growth (CAGR)

SCHAX vs. PUDZX - Expense Ratio Comparison

SCHAX has a 0.43% expense ratio, which is higher than PUDZX's 0.25% expense ratio.

SCHAX

Franklin Multi-Asset Growth Fund

PUDZX

PGIM Real Assets Fund

Return for Risk

SCHAX vs. PUDZX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SCHAX

SCHAX Risk / Return Rank: 38
SCHAX Sharpe Ratio Rank: 35
SCHAX Sortino Ratio Rank: 37
SCHAX Omega Ratio Rank: 39
SCHAX Calmar Ratio Rank: 35
SCHAX Martin Ratio Rank: 44

PUDZX

PUDZX Risk / Return Rank: 91
PUDZX Sharpe Ratio Rank: 92
PUDZX Sortino Ratio Rank: 90
PUDZX Omega Ratio Rank: 90
PUDZX Calmar Ratio Rank: 88
PUDZX Martin Ratio Rank: 95

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SCHAX vs. PUDZX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin Multi-Asset Growth Fund (SCHAX) and PGIM Real Assets Fund (PUDZX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	SCHAX	PUDZX	Difference
Sharpe ratio Return per unit of total volatility	0.78	1.98	-1.20
Sortino ratio Return per unit of downside risk	1.20	2.57	-1.37
Omega ratio Gain probability vs. loss probability	1.18	1.40	-0.22
Calmar ratio Return relative to maximum drawdown	0.95	2.35	-1.41
Martin ratio Return relative to average drawdown	4.46	13.15	-8.69
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SCHAX vs. PUDZX - Sharpe Ratio Comparison

The current SCHAX Sharpe Ratio is 0.78, which is lower than the PUDZX Sharpe Ratio of 1.98. The chart below compares the historical Sharpe Ratios of SCHAX and PUDZX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SCHAX	PUDZX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.78	1.98	-1.20
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.49	0.88	-0.38
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.57	0.72	-0.15
Sharpe Ratio (All Time) Calculated using the full available price history	0.35	0.52	-0.16

Correlation

The correlation between SCHAX and PUDZX is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

SCHAX vs. PUDZX - Dividend Comparison

SCHAX's dividend yield for the trailing twelve months is around 11.75%, more than PUDZX's 8.17% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SCHAX Franklin Multi-Asset Growth Fund	11.75%	11.06%	6.23%	5.47%	8.83%	7.37%	4.95%	5.78%	6.27%	11.21%	4.27%	11.46%
PUDZX PGIM Real Assets Fund	8.17%	8.93%	6.67%	3.66%	9.10%	13.00%	4.94%	3.40%	2.14%	2.10%	1.39%	1.72%

Drawdowns

SCHAX vs. PUDZX - Drawdown Comparison

The maximum SCHAX drawdown since its inception was -54.85%, which is greater than PUDZX's maximum drawdown of -21.53%. Use the drawdown chart below to compare losses from any high point for SCHAX and PUDZX.

Drawdown Indicators

	SCHAX	PUDZX	Difference
Max Drawdown Largest peak-to-trough decline	-54.85%	-21.53%	-33.32%
Max Drawdown (1Y) Largest decline over 1 year	-11.16%	-8.20%	-2.96%
Max Drawdown (5Y) Largest decline over 5 years	-25.61%	-17.98%	-7.63%
Max Drawdown (10Y) Largest decline over 10 years	-32.00%	-21.53%	-10.47%
Current Drawdown Current decline from peak	-8.69%	-2.44%	-6.25%
Average Drawdown Average peak-to-trough decline	-11.06%	-5.31%	-5.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.38%	1.47%	+0.91%

Volatility

SCHAX vs. PUDZX - Volatility Comparison

Franklin Multi-Asset Growth Fund (SCHAX) has a higher volatility of 4.38% compared to PGIM Real Assets Fund (PUDZX) at 2.60%. This indicates that SCHAX's price experiences larger fluctuations and is considered to be riskier than PUDZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SCHAX	PUDZX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.38%	2.60%	+1.78%
Volatility (6M) Calculated over the trailing 6-month period	8.75%	6.24%	+2.51%
Volatility (1Y) Calculated over the trailing 1-year period	16.18%	9.70%	+6.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.40%	10.58%	+3.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.86%	9.70%	+5.16%